Universal Scoring Platform

Increased profitability of lending operations directly related to the quality assessment of credit risk. Depending on the client classification of risk groups the bank decides whether to grant credit and credit limit and determine the interest rate.

To date, the financial institutions to analyze and assess the solvency of customers have successfully used technology scoring. Scoring is a mathematical or statistical model, through which the bank is trying to determine the likelihood of timely payment of the loan for potential client, based on credit histories of other customers.

The problem is scoring for this type of problems that have no clear or advance the well-known algorithm for solving. Such problems usually associated with the analysis of large amounts of data and gain knowledge from data. To solve such problems are often used different methods and technology with elements of artificial intelligence.

Based on extensive experience of systems using artificial intelligence technologies and applications for various financial institutions, the company has developed a universal platform for automating the process of evaluating various financial risks - Universal Scoring Platform ™.

Universal Scoring Platform ™- a comprehensive platform for managing credit policies of banks, credit groups, insurance companies and any other financial institutions that have built-scoring-system based on the latest scientific advances in artificial intelligence.

Universal Scoring Platform ™ has the following special features:

• Provides quick construction of various types of models for different types of customers.

• The model is easy to re-construct a particular user-specified intervals. We know that with time scoring-models may lose their relevance. For example, being relevant and important factors in the past, the future could be unnecessary, and in the worst case - lead to a negative result. Incidentally, one of the requirements of BASEL II - just a building and re-scoring-models at least once a year.

• Provides centralized access to credit data and scoring-models. The importance of this characteristic is for organizations with a developed system of remote branches. It is no secret that some regional and district centers observed significant shortage of qualified personnel in the area of credit. Implementation of Universal Scoring Platform ™ platform allows organizations to automate the process of making decisions on lending - thereby bringing to minimize dependence rights when issuing credit. It should be noted that in some special cases where the loan amount exceeds a certain limit bar, centralization of credit expert will promptly assess the head office of the borrower, who was one of the remote branches.

• The platform can easily integrate into existing IT-structure of the organization. Typically, financial institutions have already accumulated earlier customer base, including the so-called black list. Universal Scoring Platform ™ can be easily integrated with existing data on the stage of implementation. Note that a modular architecture allows the system and other applications that also use the bank to access some functionality.

• The platform has a friendly and intuitive interface.

• The platform can use external sources of information for building a scoring-models. Sometimes it is necessary to build a model using data outside organizations. For example, the credit bureaus.

• The platform is characterized by easy system configuration. This is an important characteristic, because each organization is unique in nature and therefore - the implemented scoring-system should provide maximum ease of configuration.

• Platform has developed an ideology of security policies, with access permissions to system elements, depending on the role of human user. Also worth noting short term implementation of Universal Scoring Platform ™. In general, run of the work can be accomplished in less than a month.

 

 

 

 

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